Stagecoach Group PLC Director/Pdmr Shareholding
May 27 2022 - 5:50AM
UK Regulatory
TIDMSGC
Stagecoach Group plc: Director/PDMR shareholding
27 May 2022
Further to the announcement released on 20 May 2022 that the
recommended all cash offer (the "Offer") by Inframobility UK Bidco
Limited for Stagecoach Group plc (the "Company") was declared
unconditional, the Company has today been notified of certain
changes to the interests of Sir Brian Souter, Non-Executive
Director, and persons closely associated with him in ordinary
shares of 125/228th pence each in the capital of the Company
("Ordinary Shares").
On 26 May 2022, HGT Finance B Limited (being the holding company
through which Sir Brian Souter holds his and his families'
interests in Ordinary Shares) ("HGT Fin B") accepted the Offer in
respect of 80,167,309 Ordinary Shares.
Souter Investments Limited ("SIL") is the ultimate holding
company of HGT Fin B and, as a result of the sale of Ordinary
Shares by HGT Fin B, the ultimate economic interests of the
shareholders of SIL, including Sir Brian Souter, in Ordinary Shares
have proportionately decreased. The table set out below shows such
changes in ultimate economic interests held by Sir Brian Souter and
persons closely associated with him. Further details are set out in
the notifications set out at the end of this announcement (which
are made in accordance with the UK Market Abuse Regulation).
For further information, please contact:
Stagecoach Group plc
www.stagecoach.com
Ross Paterson Finance Director
01738 642054
(END) Dow Jones Newswires
May 27, 2022 05:50 ET (09:50 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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